You are currently viewing Latin America Oil and Gas Analytics Market to Witness Growth During the forecast period of 2023-2028 on Account of Hybrid-Cloud Transformation for Data Computation

Latin America Oil and Gas Analytics Market to Witness Growth During the forecast period of 2023-2028 on Account of Hybrid-Cloud Transformation for Data Computation

El informe del estudio de mercado de Informes de Expertos titulado, ‘El Mercado de Análisis de Petróleo y Gas en América Latina, Informe y Pronóstico 2023-2028′, ofrece una visión estructurada del mercado, examinando sus diversos segmentos y variables clave como componente, modelo de despliegue, tamaño de la organización y las regiones. La investigación recoge un sólido pronóstico de la presencia de factores clave de éxito y limitaciones, sigue a los proveedores bien establecidos y las últimas tendencias de la industria que impactan en el objetivo de crecimiento del mercado global. También evalúa la dinámica del mercado y la relación entre la demanda de los consumidores y el precio del producto, junto con la auditoría de los modelos FODA y de las cinco fuerzas de Porter.

The market study report by Informes de Expertos titled, ‘Latin America Oil and Gas Analytics Market 2023-2028’, gives structured insights into the market, examining its diverse segments and key variables such as component, deployment model, size of organization, and key regions. The research gathers robust forecasting of the presence of key success factors and constraints, tracks well-established vendors, and the latest trends in the industry that impact the growth goal of the overall market. It also assesses the market dynamics, and the relationship between consumer demand and product price, coupled with the audit of SWOT and Porter’s Five Forces models.

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Los aspectos más destacados del informe incluyen:

Visión general del mercado (2018-2028)

• CAGR para el período de pronóstico (2023-2028): 6,40%

Entre 2023 y 2028, se prevé que el mercado latinoamericano de análisis de petróleo y gas se expanda a un ritmo exponencial con el cambio a la nube híbrida de las actividades empresariales para mejorar los flujos de trabajo para la computación en nube de las informaciones avanzadas de petróleo y gas. El mercado objetivo, sin embargo, alcanzó un valor medio de 3.500 millones de USD en 2022, impulsado por el incremento en el consumo de energía, la caída de los costes de mantenimiento y los avances en las operaciones de petróleo y gas.

Debido a la elevada penetración de Internet en la región y a la creciente implantación basada en la nube, el sector ha cambiado. En adición, las perspectivas de mercado para el sector analítico del petróleo y el gas están alternando debido a la aceptación de la digitalización en todos los verticales industriales y el deseo de estrategias de reducción de costes para la eficiencia operativa. Además, el aumento de las operaciones de perforación y exploración petrolífera a lo largo del periodo de pronóstico hará crecer la cuota de mercado de los principales actores y las perspectivas de expansión corporativa.

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Industry Definition and Major Segments

Oil and gas analytics is a statistical technique that uses Big Data and artificial intelligence (AI) technology platforms to learn about future data. By identifying growing and unpredictable elements, the analysts’ predictive data enhances business operations by predicting the full outlook of the oil and gas EPC sector.

By components, the oil and gas analysis market can be divided into:

• Software
• Service

Based on the deployment model, the market is divided into:

• Cloud-Based
• On-Premises

Based on the size of the organization, the industry is segmented into:

• Small and Medium Enterprises (SMEs)
• Big enterprises

Key regions covered include:

• Brazil
• Argentina
• Mexico
• Others

Market Trends

The Latin American oil and gas analytics market is showing growth projections during the forecast period attributable to rapid digitalisation, integration of vanguard technologies, adoption of cost-reduction strategies to increase operational efficiency, and many others. Furthermore, key players like IBM and SAP SE are evolving their technology and cloud-based computation and storage techniques and tools for the business models to generate advanced information on oil exploration and aid the production and drilling activities conducted by companies to save pre-requisite costs and interruptions in operations.

These conventional approaches are embracing the shift of large enterprises to big data and AI technologies for the generation of large volumes of data that provide huge gains to analytics. Thus, this context of spectrum in activities performed in the oil and gas industry is expanding the market size of analytics market in Latin America coupled with strengthening support of the Mexican government with beneficial frameworks.

Key Market Players

The major players in the market are:

• SAS Institute Inc.
• Oracle Corporation
• Accenture
• IBM Corporation
• SAP SE
• TIBCO Software Inc.
• Northwest Analytics Inc.
• Others

The insights in the market research report provide growth possibilities, socio-political environment factors affecting the market, launches of products, new entrants dominating the market, and the presence of key companies driving the industry.

About Us:

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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Expert Market Research

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally. At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.